Honda is set to sell more cars towards the end of its fiscal year this month. According to dealer incentive bulletins collected by CarsDirect, the Japanese automaker is offering up to $ 1,250 in cash incentives to its customers on select 2021 model year Honda SUVs. It should be noted that this is the first time that the automaker has offered such a type of discounts to customers, according to website.
But like all good things, there is a catch. The $ 1,250 cash rebate is for the Honda Passport, while the 2021 Honda HR-V is available with a $ 1,000 cash rebate. Note, however, that this is not for the new world-spec Honda HR-V that was revealed before, which you can see in the gallery below.
Although the customer discount looks attractive, CarsDirect also found that you could save more if you choose to finance vehicles through promotional rates, which are 0% APR for HR-V and 0.9% for passport for 60 months. Please note that choosing to get the discount will disqualify you from choosing the company’s low APR offers.
When calculated, an HR-V of $ 23,000 would cost $ 383 per month for a five-year loan before taxes and fees. Via the discount route, the same car would cost $ 405 per month at the same time period with an APR of 4 percent.
The mentioned offer could be a sign of better deals to come, especially that the next-gen US-spec HR-V is about to be revealed, which is most likely for the 2022 model year. you’re not specific about the model change in the near future, so definitely.
Again, you have until May 3, 2021 to CarsDirect reports that these current Honda offers will not end until then.